Ferra Aerospace, Inc.
How we got $8.5M
Based on its 48 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 32% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▲ 35% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 48 | $20.7M |
| 2020 | Form 5500 | 70 | $30.2M |
| 2021 | Form 5500 | 75 | $32.4M |
| 2022 | Form 5500 | 65 | $28.0M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Signs of a sale Some signs of a sale
- In business 34 years (since 1992)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Ferra is a global Aerospace, Defense and Space company that specializes in designing, manufacturing, assembling, integrating and sustaining complex systems for strategic platforms within the Aerospace and Defense industries.
From the company's website. Industry: Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing.
Customers & suppliers
Customers
- Lockheed Martin · named on its website
- Boeing · named on its website
- Boeing Australia · named on its website
- Royal Australian Air Force · named on its website
- Boeing Phantom Works · named on its website
- Defence Material Organisation (DMO) · named on its website
- Australian Department of Defence (DoD) · named on its website
- DTL · named on its website
- Airbus · named on its website
Suppliers & brands
- Boeing · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FERRA AEROSPACE, INC. this business | $19.3M | — |
| NEO METALS LLC Grove · 1 employees | $531K | 0.3 mi |
| JAG MACHINE INC Grove · 12 employees | $4.4M | 0.3 mi |
| MALONES CNC MACHINING INC Grove · 46 employees | $24.3M | 0.4 mi |
| JACOBS MANUFACTURING CORP Grove | $1.6M | 0.6 mi |
| DYNAMIC MACHINE, INC. Grove · 4 employees | $1.2M | 0.6 mi |
| MONARK CABINETS INC Grove · 6 employees | $1.3M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 48 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $21.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.3M |
| Estimate: the two combined (geometric mean) | $19.3M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.8M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $8.5M |
| Multiple for this size and industry | 4.7× |
| Value range | $4.5M – $11.6M |
| Revenue range | $12.7M – $21.9M |
| EBITDA range | $1.2M – $2.1M |
| Industry (NAICS) | Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
“Creating exceptional and dependable complex electromechanical subsystems across a range of industries since 1992.”
Advisors
- BankingGrand Savings BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Grand Savings Bank PPP 2020, PPP 2021 | All 196 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $447K | 45 |
| 3/17/2021 | second | $660K | 48 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ferra Aerospace, Inc.
Ferra Aerospace, Inc. is a search, detection, navigation, guidance, aeronautical, and nautical system and instrument manufacturing company in Grove, Oklahoma, in business since 1992. It is owned by Aaron Thompson (Chief Executive Officer). Its estimated annual revenue is about $19.3M, with roughly $1.8M of EBITDA. It has about 65 employees. Its estimated business value is $8.5M (likely range $4.5M–$11.6M).
Common questions
- Who owns Ferra Aerospace, Inc.?
- Ferra Aerospace, Inc. is owned by Aaron Thompson (Chief Executive Officer), according to public sources such as the company's website or filings.
- How much revenue does Ferra Aerospace, Inc. make?
- SeeBITDA estimates Ferra Aerospace, Inc.'s annual revenue at about $19.3M (likely between $12.7M and $21.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ferra Aerospace, Inc. worth?
- About $8.5M, roughly 4.7× its estimated EBITDA of $1.8M, typical for a search, detection, navigation, guidance, aeronautical, and nautical system and instrument manufacturing company its size. Likely range: $4.5M–$11.6M.
- How many employees does Ferra Aerospace, Inc. have?
- About 65, from its 2022 retirement-plan filing.
- When was Ferra Aerospace, Inc. founded?
- Ferra Aerospace, Inc. has been in business since 1992.